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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: Alan Markoff who wrote (11152)	7/25/1998 8:40:00 PM
From: REDDY	Respond to of 34075

Alan (or Nancy???) Just the facts and nothing but the facts. Very excellent post! reddy

To: Alan Markoff who wrote (11152)	7/25/1998 8:52:00 PM
From: Probart	Read Replies (1) \| Respond to of 34075

Alan, Everything that you posted is common knowledge. I read the first paragraph of your message and just skipped it because I think I know what the rest is going to be and did not want to waste my time. You are looking into the past, turnaround and look the other way i.e. the future, the view is a much better one. You are probably one that believes that when the first men landed on the moon it was the first space ship built and it just got there............ best regards Probart

To: Alan Markoff who wrote (11152)	7/25/1998 9:06:00 PM
From: john	Read Replies (3) \| Respond to of 34075

Alan how come you do not post the ikar vs mine close anymore????? Has mine not gone from .13 cents to .43 cents and ikar has done what over the last two months???? Gone from 1.03 to a close yesterday of ..53 on volume of 53000 shares??? are you averaging down or are you blaming mine for the decline in ikar that's what MICAP would do.... bye bye alan....... sour sour grapes........ average down monday on your beloved "dud" ikar''''''' best of luck with ikar "chit" of the month.

To: Alan Markoff who wrote (11152)	7/25/1998 9:17:00 PM
From: Probart	Read Replies (1) \| Respond to of 34075

Alan, I went back to your post and did waste some time, did a quick speed read through it. You seem to be asking many questions. Here is one for you, seeing that you are so interested in this stock - how much DD have you done on this one yourself? i.e how many of the people involved in the company have you phoned and asked these questions. How much digging have you done? There are many of them that can be answered with a simple call. I am prepared to give you contact numbers if you want them - just PM me. Do some DD and then get back to the thread with the answers for a change. Get on a plane and go see some of them if it is that important to you. I did it and got the answers. If you are not prepared to come with at least some answers for yourself then I see you just wasting your time here - no?? Looking forward to some answers in the future. Off to feed the duck, yes I do do other things too. Best regards, Probart

To: Alan Markoff who wrote (11152)	7/25/1998 11:28:00 PM
From: GC	Respond to of 34075

Good post I read it but you never went back far enough in the filings Read the Jan 97 filing and you will learn that SEC knew about Guido and GE back then and did nothing , why didn't they do something then and all of a sudden now.Is it because of the May 22 release , 10 k and 10 q not filed, a lot of questions that have to be answered , somebody just wake up there at the SEC ,still long I will ride this one out. sec.gov

To: Alan Markoff who wrote (11152)	7/25/1998 11:54:00 PM
From: Cytotekk	Read Replies (2) \| Respond to of 34075

Alan, an excellent post detailing your criticisms and concerns regarding mine. The recent wells submission mentioned by the SEC is the result of the SEC questioning Paravicinis 6.4M proven claim , as far as I can tell. They think that the May 22nd press release was premature and potentially misleading. They are trying to protect us, so they say, and the investing public. BD may be helping with the audit of Guidos report and the third party verification, just speculation at this point. I do not think they would be involved in a blatant scam, they have a reputation to protect. The third party verification should provide the answers that the SEC, and we, have. The deposit is described by Dr. Hausen and others as a unique placer deposit. Its uniqueness may be why the SEC is questioning the claim, the deposit does not lend itself to traditional drilling samples to establish proven minerals. I am not concerned with the SECs criticism regarding the deposit and the proven at this point. I do have problems with the late financial filings but, as you know Alan, the SEC is quite slack when it comes to filing deadlines for penny stocks. Still, the 10k is way beyond fashionably late, and I think that this is keeping us trading on the pink sheets, a miserable fate. Although the MMs must love it, what a spread. As for their previous production, since I am not a mineral extraction and processing expert I cannot comment except to say the numbers are misleading and confusing. I could guess why there are differences in the production figures but I will not since again, not my area of expertise. Alan, I cannot make excuses for Golden Eagles Management at this point. They seem to be learning as they go. They are the ones though, that happen to have the mining rights to this allegedly gold rich area of the Tipuani River Valley. They have made no secret that they are broke, with little operating capital. I used to joke that I was going to send them my extra shovel. Mary Erickson has used $3,000,000. of her own trust fund money to keep this company going. The SEC is breathing down their necks and yet they persevere, working toward their goal of an open pit mining operation. If the officers knew the gold claim was bogus, I do not think they would still be pushing forward, risking fines and jail. The SEC definitely has GE in their sites. The 10,000,000 shares to generate operating capital may or may not be issued. If they are issued, we shareholders have to deal with it I believe that a JV is the best answer for their financial and production problems. A buyout is a possibility as well. I would like to see some good mining experience at the top level of the company. The third party verification must be completed before this company can procede. Insiders are not selling their shares, and they had the same chance to sell during the recent price spike that the rest of us had. Alan, you will not see arguing that GE handles its financial affairs excellently. I too am waiting for the 10k. Too long already, moving on. Colleen

To: Alan Markoff who wrote (11152)	7/26/1998 3:01:00 AM
From: CIMA	Read Replies (3) \| Respond to of 34075

Alan, you and I got into a bit of a pissing contest on another thread over MINE and IKAR. I found your opinions well thought out but your tone angry and mean-spirited. Your buddy Ga Bard was downright arrogant and mean. You both have trashed MINE and anyone associated with it. I appreciate the change in tone and will endeavor to attempt to answer some of your questions. First of all, I agree that your DD to date appears quite superficial. It appears to be mainly gleaned from Edgar filings. There is a whole culture around this story whose essence seems to have escaped you so far. There is a lot more to be discovered within that culture should you choose to do so. IMO, going back to the time period you refer to last year, the company had embarked on a strategy to commence limited production in the shaft in order to create cashflow. This decision was based on conclusions reached from the Trite report. After they started production in September four unexpected things impacted the operation. First, the POG kept dropping which affected profitability. Second, recovery rates of the gold weren't as expected ( hence Zambrana in the picture later ). Third, operating costs were higher than expected. And fourth, the newly formed Advisory Board recommended that the higher cost shaft operation be abandoned at this time in favor of lower cost open-pit operations elsewhere on the property. Guido confirmed the open-pit operation would be much more profitable even with the company producing on a small scale basis. I think we must keep in mind that the company did not and does not have the money or expertise to fully exploit the potential of this property. It is always more expensive to operate on smaller economies of scale, but sometimes worth it when seeking cashflow as you continue toward your ultimate goal of proving the entire resource to the world. So Zambrana was contracted to provide the methodology for enhanced fine gold recovery at the open-pit operation. While the changeover was being planned and prepared the rains began. Many sites were flooded and all operations were put on maintenance. As shareholders, we found this out later than we should have IMO, and many of us were ticked off, not by the unfulfilled expectations but by the period of time it took us to be informed. IMO, during this time period management decided upon a different strategy. Rather than put the time and effort into limited production they decided to prove up as many ounces as money would allow and seek out a JV partner after the share price had hopefully risen due to the proven reserve and inferred resource numbers. We're about half-way through that process now. Nothing has been easy for this company. The SEC has been hounding them since before the Bolivian property. They have made some errors as any company at this stage of their development would. They are indebted. There appears to be a 30,000 oz error in Guido's latest report which puts the entire report in question so management is not able to make a synopsis of that report public as of yet. It is unclear from Friday's 8K whether Behre Dolbear has been hired as a resource for the Wells Submission only or to conduct third party on-site verification or both. Hopefully that will be cleared up soon. What is fact is that not one insider has sold a share or profited from this since the Bolivian property was acquired. It has cost them nothing but millions of their own money and God knows how much frustration over time. Still they steadfastly pursue the goal they believe in despite the naysayers and the obstacles. I like these people. I admire their guts and resolve. They might just make winners of us all. CIMA in Calgary caring for the kids while my wife and her mother are out on the town.